Popular e-tailer Snapdeal Acquires Wishpicker
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To strengthen its base in the growing e-commerce sector in India, popular e-tailer This is Snapdeal’s first acquisition after Japanese telecom and Internet giant
The acquisition amount of
This fifth acquisition of Snapdeal comes at time when the industry is expected to reach at a value of $43 billion over the next five years.
In 2010, Snapdeal made its first acquisition by acquiring buying site Grobbon. In the later years, it bought sports e-tailer esportsbuy.com, Shopo.in, a website that sells handmade items and fashion discovery site Dootzon.
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